Harbour Investments Inc. Grows Stake in Fidelity High Dividend ETF (NYSEARCA:FDVV)

Harbour Investments Inc. lifted its stake in shares of Fidelity High Dividend ETF (NYSEARCA:FDVV) by 4.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 39,485 shares of the company’s stock after purchasing an additional 1,544 shares during the period. Harbour Investments Inc.’s holdings in Fidelity High Dividend ETF were worth $1,972,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Commonwealth Equity Services LLC increased its stake in shares of Fidelity High Dividend ETF by 12.5% during the fourth quarter. Commonwealth Equity Services LLC now owns 3,114,014 shares of the company’s stock worth $155,514,000 after purchasing an additional 345,433 shares in the last quarter. Independent Advisor Alliance purchased a new stake in Fidelity High Dividend ETF during the 4th quarter valued at about $44,154,000. Childress Capital Advisors LLC grew its stake in Fidelity High Dividend ETF by 0.4% during the 4th quarter. Childress Capital Advisors LLC now owns 762,686 shares of the company’s stock valued at $38,089,000 after acquiring an additional 2,977 shares in the last quarter. McIlrath & Eck LLC grew its stake in Fidelity High Dividend ETF by 14.8% during the 3rd quarter. McIlrath & Eck LLC now owns 578,875 shares of the company’s stock valued at $29,320,000 after acquiring an additional 74,731 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new stake in Fidelity High Dividend ETF during the 4th quarter valued at about $27,783,000.

Fidelity High Dividend ETF Trading Up 1.1 %

Shares of NYSEARCA FDVV opened at $50.29 on Tuesday. Fidelity High Dividend ETF has a 12-month low of $43.34 and a 12-month high of $52.78. The stock has a market cap of $4.78 billion, a PE ratio of 19.05 and a beta of 1.02. The company has a 50-day moving average of $50.76 and a 200 day moving average of $50.82.

Fidelity High Dividend ETF Company Profile

The Fidelity High Dividend ETF (FDVV) is an exchange-traded fund that is based on the Fidelity High Dividend index. The fund tracks an index of large- and mid-cap companies that exhibit positive dividend characteristics, with overweights to sectors that exhibit higher dividend yield. FDVV was launched on Sep 12, 2016 and is managed by Fidelity.